7,189 Shares in DuPont de Nemours, Inc. (NYSE:DD) Acquired by GWN Securities Inc.

GWN Securities Inc. purchased a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 7,189 shares of the basic materials company’s stock, valued at approximately $556,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DD. Hager Investment Management Services LLC acquired a new position in DuPont de Nemours during the fourth quarter valued at approximately $26,000. Byrne Asset Management LLC bought a new stake in shares of DuPont de Nemours in the fourth quarter valued at approximately $29,000. Vision Financial Markets LLC bought a new stake in shares of DuPont de Nemours in the fourth quarter valued at approximately $31,000. Golden State Wealth Management LLC bought a new stake in shares of DuPont de Nemours in the fourth quarter valued at approximately $33,000. Finally, Noble Wealth Management PBC bought a new stake in shares of DuPont de Nemours in the fourth quarter valued at approximately $35,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

DuPont de Nemours stock opened at $77.16 on Monday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88. The stock has a fifty day moving average price of $78.19 and a two-hundred day moving average price of $81.11. DuPont de Nemours, Inc. has a 52-week low of $72.38 and a 52-week high of $90.06. The firm has a market capitalization of $32.25 billion, a P/E ratio of 46.20, a P/E/G ratio of 2.15 and a beta of 1.29.

DuPont de Nemours (NYSE:DD) last released its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a return on equity of 7.12% and a net margin of 5.47%. As a group, analysts anticipate that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.41 per share. This is a positive change from DuPont de Nemours’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend is Monday, March 3rd. DuPont de Nemours’s dividend payout ratio is currently 98.20%.

Analysts Set New Price Targets

Several research firms have recently weighed in on DD. UBS Group increased their price objective on DuPont de Nemours from $102.00 to $103.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. BMO Capital Markets increased their price objective on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a research report on Thursday, February 13th. Barclays raised DuPont de Nemours from an “underweight” rating to an “equal weight” rating and increased their price objective for the company from $85.00 to $89.00 in a research report on Thursday, February 13th. Wells Fargo & Company reduced their price objective on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday, February 12th. Finally, Royal Bank of Canada reduced their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $99.17.

About DuPont de Nemours

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.